Fantastic Sams Cut & Color

Fantastic Sams Cut & Color

Hair salons
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2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$151K - $332K
Units as of 2022
658 31% over 3 years

Company Overview

Sam M. Ross started Fantastic Sams in July 1974, and the company began franchising in 1976, marketing its "fixed fee" system and "no appointment necessary" concept. The franchisor has full-service, family hair-care salons throughout the U.S. and Canada. In addition to cuts, perms and coloring services, Fantastic Sams sells its own line of shampoos, conditioners and styling aids for men and women.

About Fantastic Sams Cut & Color

Related Categories
Hair Care
Founded
1974
Parent Company
Dessange Group North America
Leadership
Thomas Boitz, CEO
Corporate Address
300 Tradecenter Dr., #4680
Woburn, MA 01801

Business Overview

Franchising Since
1976 (47 years)
# of employees at HQ
22
Where seeking

This company is offering new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming

This company is offering new franchisees in the following international regions: Canada

# of Units
658 (as of 2022)

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Fantastic Sams Cut & Color franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$30,000
Initial Investment
$150,500 - $332,000
Net Worth Requirement
$500,000
Cash Requirement
$60,000 - $100,000
Veteran Incentives
25% off franchise fee
Royalty Fee
6%
Ad Royalty Fee
$146/wk.
Term of Agreement
10 years
Is franchise term renewable?
Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Fantastic Sams Cut & Color has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
ongoing
Classroom Training
32 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
8
Are exclusive territories available?
No
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Franchise 500 Ranking History

Compare where Fantastic Sams Cut & Color landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company’s legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022